Carina Initiatives Inc
Preselected recipients only
Carina Initiatives Inc is a private foundation in Torrance, California. In tax year 2023 it gave $9.5 million in 32 grants; the typical grant was $115,000 and the largest $1.3 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$9.5 million
- Number of grants32
- Typical grant$115,000
- Largest grant$1.3 million
- Assets$31.1 million
- New grantees53%
Giving in 2023 was up from $7.6 million the year before.
53% of its 2023 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2020 | $4.6 million | 18 | $8.8 million |
| 2022 | $7.6 million | 27 | $25.1 million |
| 2023 | $9.5 million | 32 | $31.1 million |
How to apply
Carina Initiatives Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Carina Initiatives Inc funds
Where it gives
Its US grants went to recipients in 15 states, the most to California. It also paid $120,000 in 1 grant to recipients outside the US.
| State | Grants | Amount |
|---|---|---|
| California | 10 | $4.3 million |
| North Carolina | 2 | $1.3 million |
| New York | 2 | $1.2 million |
| Maryland | 1 | $750,000 |
| Illinois | 1 | $470,000 |
| Massachusetts | 5 | $351,495 |
| Minnesota | 1 | $324,053 |
| District of Columbia | 2 | $240,000 |
| Virginia | 1 | $50,000 |
| New Mexico | 1 | $37,500 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| National Math Stars Inc | General operating support | $1.3 million |
| The Art of Problem Solving Initiative Inc | General operating support | $1.0 million |
| Aops Incorporated | Support for the pathways program | $882,978 |
| 9 Dots Community Learning Center | General operating support | $850,000 |
| The Board of Trustees of the Leland Stanford Junior University | University program | $830,280 |
| Global Talent Network Foundation | General operating support | $750,000 |
| Brilliant Worldwide Inc | Support for the development of free schools product | $720,000 |
| The Partnership for Los Angeles Schools | General operating support | $504,760 |
| The University of Chicago | University research | $470,000 |
| Regents of the University of Minnesota | University research | $324,053 |
| Animo Games Studio LLC | Support for the development of free schools product | $264,000 |
| The Global Development Incubator Inc | To support research on how to effectively develop top math talent | $220,000 |
| California Institute of Technology | University program | $200,000 |
| Sigmacamp Inc | General operating support | $168,500 |
| National Bureau of Economic Research Inc | Support research to identify and develop mathematical talent | $126,495 |
| African Institute for Mathematica Sciences-The Next Einstein Initiative | Support for rwanda mathematical olympiad program | $120,000 |
| Addiscoder Inc | General operating support | $110,000 |
| Massachusetts Institute of Technology Office of Engineering Outreach Progr | University program | $100,000 |
| Mathcounts Foundation | General operating support | $50,000 |
| Campersand Co | General operating support | $37,500 |
| Trustees of Dartmouth College | University research | $31,556 |
| The Global Development Incubator Inc | To support low-income students' participation in advanced math programming | $20,000 |
| Alphastar Academy LLC | Support for low income attendees | $10,000 |
| Jones Hbcu Legacy Fund Inc | General operating support | $10,000 |
| National Math Stars Inc | General operating supportnon cash grantdate: 5/5/2024cost basis: 9,034fmv: 9,034 | $9,034 |
| Massachusetts Institute of Technology Mathroots | University program | $7,500 |
| Mathematical Staircase Inc | General operating support | $7,500 |
| Mathpath | General operating support | $7,500 |
| Ross Mathematics Foundation | General operating support | $7,500 |
| Texas State University - Mathworks | Support for mathworks program | $7,500 |
| Athemath | General operating support | $5,000 |
| The Fibonacci Association Inc | General operating support | $5,000 |
Officers and trustees
- Josh Taylor
- Jennifer Reynoso
- Melissa Vitek
- Fred Taylor
- John Taylor
Questions people ask
Does Carina Initiatives Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Carina Initiatives Inc give?
$9.5 million in tax year 2023, across 32 grants, with a typical grant of $115,000.
Who runs Carina Initiatives Inc?
Its 2023 filing lists Josh Taylor (President), Jennifer Reynoso (Secretary), Melissa Vitek (Treasurer) and Fred Taylor (Director) among 5 officers and trustees.
What does Carina Initiatives Inc fund?
Based on its grants, mainly education, science and research and international.